Molson Coors CEO Gavin Hattersley to Retire by End of 2025 After six years at the helm, Molson Coors CEO Gavin Hattersley has announced his plans to retire by the end of 2025. The beverage giant’s board is actively searching…
Food News
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With the constant modifications to tariff regulations by President Donald Trump’s administration, consumers are adapting their purchasing habits to navigate through an uncertain global climate in an effort to reduce costs. During a virtual event hosted by Manufacturing Dive and…
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President Donald Trump announced on Wednesday that the U.S. will be pausing most country-specific tariffs for a period of 90 days. This move has led the European Union to also halt threats of retaliatory duties. Despite the pause, most countries,…
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Summary: Mondelēz International is investing approximately $79 million (or about 65 million Swiss Francs) in its Toblerone manufacturing facility in Bern, Switzerland. This investment highlights Toblerone’s commitment to the premium chocolate market and its goal to strengthen its global presence…
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Dive Brief: TreeHouse Foods announced a plan to centralize and reorganize its corporate support functions, resulting in the elimination of 150 jobs. The company’s chief commercial officer, Scott Tassani, will depart on May 30, with his responsibilities redistributed among other…
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Food News
Leftovers: Hershey fills pretzels with Reese’s | Ferrara worms Trolli gummies into popsicles
New Snack Innovations: Reese’s Pretzels, Trolli Pops, and Talenti Gelato Leftovers is our look at a few of the product ideas popping up everywhere. Some are intriguing, some sound amazing and some are the kinds of ideas we would never…
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Summary: Constellation Brands, the owner of Mexican beer brands Corona and Modelo, is experiencing a decline in sales due to President Trump’s strict immigration policies. Deportation threats and potential job losses among Hispanic populations, who make up half of the…
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With global trade in flux as the Trump administration moves forward with its tariff strategy, U.S. food manufacturers are looking to be flexible and swift with their decision-making to mitigate higher costs and supply chain pressures. Supply chain experts discussed…
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Exciting News: MycoTechnology, a company specializing in fermented mushroom ingredients, has recently obtained safety approval for a natural flavor enhancer derived from honey truffle. This innovative enhancer has the ability to enhance sweet flavors like caramel while effectively masking any…
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Key Points: Consumer egg prices reached a record high last month despite the fading bird flu outbreaks that had limited supply. In March, the average cost of large, grade A eggs was $6.23 per dozen, marking a 5.9% increase from…